Waaree Renewables is one of the reputed firms dealing in renewable energy, Waaree Renewables Limited is engaged in the business of developing, constructing and operating the solar power project. Waaree Renewables is a part of the Waaree group which is a large solar photovoltaics modules manufacturing company in India and provides alternative energy solutions using new generation technology and knowledge in the field of renewable energy.
It is dedicated to changing the world by scaling up clean energy and minimizing carbon emissions and has a diverse offer of solar power plants, rooftop systems, and solutions in large industrial commercial and small residential sectors.
Waaree Renewables Share Price Current Market Overview
- Today’s Open: 1,585
- Today’s High: 1,585
- Today’s Low: 1,501
- Current Share Price: 1,502.95
- Total Market Capital: 15.99K Cr
- P/E: N/A
- Dividend Yield: N/A
- 52 Week High: 3,037.75
- 52 Week Low: 226.32
Waaree Renewables Share Price Recent Graph
Share Price Target Tomorrow From 2024 To 2030
This target price is based on market valuation, industrial trends, and professional analysis.
| S. NO. | Share Target Price Years | Share Target Value |
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2024 | 2230 |
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2025 | 3655 |
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2026 | 4785 |
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2027 | 5945 |
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2028 | 7163 |
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2029 | 8398 |
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2030 | 9647 |
Shareholding Pattern For Waaree Renewables
- Promoters: 74.46%
- Retail And Others: 24.70%
- Foreign Institutional Investment: 0.83%
- Number of FII/FPI Investors: 39
- Other Domestic Instituions: 0.01%
Waaree Renewable Technologies Limited Annual Income Statement
Given chart shows the comparison of the revenue and net income of Waree Renewable Technologies Limited.
Detailed information regarding the annual income statement is given below.
| Particulars | Info 2024 | Y/Y Change |
| Revenue | 8.76B | 149.73% (+) |
| Operating Expenses | 296.30M | 72.18% (+) |
| Net Income | 1.48B | 167.27% (+) |
| Net Profit Margin | 16.90 | 7.03% (+) |
| Earning Per Share | N/A | N/A |
| EBITDA | 2.07B | 147.92% (+) |
| Effective Tax Rate | 25.39% | N/A |
Challenges For Waaree Renewables Share Price
Market Volatility
As a group of stocks which reflect the status of the renewable energy sector, their prices will always rise and fall depending on the change in energy costs, and other market-affecting factors.
Regulatory Risks
Policies and regulations along with subsidies and tariffs, by the government that influence the energy production from renewable sources can affect the profitability as well as investor sentiment.
Competition: Threats
Competition may prove strong from other renewable energy firms both domestic and global which may influence the company’s margins and probably its share of the market.
Project Delays
They argued that since the solar project may take a longer time to complete due to logistical, environmental or regulatory reasons can affect the generation of revenues and thus investors’ sentiments.
